The Archive · 1932

Aftermath of Ottawa

The Imperial Economic Conference over, and Ottawa has resumed its customary midsummer quiet. After conferring in groups and committees for 30 days, the Empire delegates, concluded their labours by drawing lup a series of agreement that were signed at the final plenary session last Saturday, There were no miracles wrought at, the conference. In fact, it is admitted most observers to be but a begin-ming. At the present time, the [Canadian people are trying to praise the results, seeking to dis cover just what the agreement made signed between. the United mand this country may do for industry and agriculture Hf the conference proves. to have been but a beginning, then it is to be hoped that will grow a Irew Empire solidarity. And this ig come, according to the spirit the final discussion, not by attempt to. shut out the rest of the world, out' simply. bya. sincere effort. stimulate Empire trade along certain broad lines." The. general principle running right through the agree: ments "is. that euch country "shall produce and sell that for which it fs best Sted, while at the same time giving every chance to such ficial Industries as have. grown tap under tari' protection, "the understanding reached be. ween the. United Kingdom and Canada is the model for all the other. treaties. "In. this three main principles are agreed upon:

That a "rise. in" commodity prices ie most desirable, that the low of trade in. the Empire' should be. increased. with he consequent _inerense in, purchas:

Ing power helping the trade" of the 3 That protective duties should be utilised tov ensure that the resources And. industsleg of. the Empire developed on sound economic In onder to achieve these objects the two nations have jointly agreed Por A polley of mutual trade, pre terenced tat-reaching in tks 23

Text read from the printed page and cleaned; old type leaves the occasional error.

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